An act of the Italian Senate on participation in replenishment of international funds and banks, approved by the Foreign Affairs Committee in July, commits the government review to credit mechanisms to include indicators of a country’s capacity to achieve the MDGs, end support for water privatisation, advocate an end for fossil fuel support, and report on positions taken by the Italian representatives at the IFIs. The Act is currently being debated in the lower house.
New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.
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